Charity number: 1203685 ## **RANMOOR PARISH CENTRE TRUST** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2025** ## **RANMOOR PARISH CENTRE TRUST** ## CONTENTS ||Page| |---|---| |**Reference and administrative details of the charity, its Trustees and advisers**|1| |**Trustees' report**|2 - 5| |**Independent examiner's report**|6| |**Statement of financial activities**|7| |**Balance sheet**|8| |**Notes to the financial statements**|9 - 18| ## **RANMOOR PARISH CENTRE TRUST** REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS MANAGEMENT COMMITTEE AND TRUSTEES AND ADVISERS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **Management Committee and Trustees** Rev Canon Dr Matthew Rhodes (Chairman), ex officio trustee Mark Christopher Edward Gregory, ex officio trustee Pauline Tyzack Heath, ex officio trustee David Francis Booker, nominated trustee Gaye Lesley Woods, nominated trustee Jacqueline Caryll Dakin, nominated trustee Freya Sylvia Liddle, nominated trustee Christopher Francis Cooper, appointed trustee (appointed 8 May 2024) Dr Thomas Edward Howe, appointed trustee (appointed 8 May 2024) ## **Charity registered number** 1203685 ## **Principal office** 5 Ranmoor Park Road Sheffield S10 3GX ## **Bankers** Charities Aid Foundation 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA ## **Key personnel** Jacky Dakin, Hon. Bookkeeper Claire Webber, Centre Administrator Steve Dugdale, Building Manager ## **Independent Examiner** Rachel Heath FCCA DChA BHP LLP Albert Works Sidney Street Sheffield S1 4RG Page 1 ## **RANMOOR PARISH CENTRE TRUST** ## TRUSTEES' REPORT _FOR THE YEAR ENDED 31 MARCH 2025_ The Trustees present their annual report together with the financial statements for the period 1 April 2024 to 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (second edition - October 2019). ## _**Structure, governance and management**_ ## **a. Constitution** In June 2023, a new Charitable incorporated Charity (CIO) was formed, also named Ranmoor Parish Centre Trust, with registered charity number 1203685. The new CIO took over the trade, assets and liabilities of the old Charitable Trust. ## **b. Methods of appointment or election of Trustees** The Constitution of the CIO states that there shall be: not more than 3 Ex officio trustees (the Incumbent and 2 churchwardens of St John the Evangelist, Ranmoor) not more than 4 Nominated trustees (persons appointed by the PCC of St John the Evangelist, Ranmoor) not more than 3 Appointed trustees (persons appointed by RPCT trustees at a properly convened meeting) The present trustees of the charity are listed on page 1. ## _**Objectives and activities**_ ## **a. Objectives and activities** The Charity's objects are the furtherance of the religious and other charitable work of the Church of England in the ecclesiastical parish of Saint John the Evangelist, Ranmoor in the Diocese and City of Sheffield. Its main activities include the hiring of rooms and letting of its flats. ## **b. Public benefit** The Charity ensures that its rooms and groups are used by the Church, other Charities and members of the local Community both on a regular basis and for one-off events. The beneficiaries include all ages. The Trustees have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commision. Details of how the charity has carried out its activites for the public benefit are given below. Page 2 ## **RANMOOR PARISH CENTRE TRUST** ## TRUSTEES' REPORT (CONTINUED) _FOR THE YEAR ENDED 31 MARCH 2025_ ## _**Achievements and performance**_ ## **a. Constitution and trustees** The Constitution of the new CIO established 3 types of Trustees: - i) Ex- officio trustees being the Vicar and churchwardens of St John the Evangelist, Ranmoor, - ii) Nominated trustees being upto 4 other persons being appointed by the PCC of St John the Evangelist, Ranmoor, iii) Appointed trustees being other persons appointed at a properly convened meeting of the Charity. Three new appointed trustees were elected in January & May 2024 and we welcome Freya Liddle, Christopher Cooper and Thomas Howe in this capacity. ## **b. Building project** In 2023/24, the Charity undertook a major building project for the repair of the roof and refurbishment of the 2 upstairs flats at the Parish Centre, which including extras, cost £215k. Following the work the 2 flats were let commercially to residential tenants. ## **c. Mortgage loan** In order to fund the Building project in November 2023 the Trustees took on a Mortgage loan from Kingdom Bank Ltd. The Bank have a first legal mortgage on the Charity's freehold property at 5 Ranmoor Park Road. The mortgage loan repayments were paid on an interest only basis for the first 12 months and from December 2024 included capital repayments. The mortgage loan is repayable over 30 years, however the trustees are permitted to make early repayments without penalty. ## **d. Room hire** Our Parish Centre hires 4 rooms throughout the week to two different types of hires. Type one is regular hirers and the second hirer are one-off hirers. Our business model is to focus on regular hirers as they can provide regular bookings throughout the year. Regular income is around 90% of our bookings. The overall income in 2025 was £32,813 (2024: £36,712). ## **e. Contribution from St John's Ranmoor PCC** The centre provides the Parish Office for the parish of St John’s Ranmoor together with facilities for the Wednesday luncheon club, Church committee meetings and other groups, social gatherings and Guides & Brownies. The contribution amounted to £8,000 this year (2024: £8,375). Page 3 ## **RANMOOR PARISH CENTRE TRUST** TRUSTEES' REPORT (CONTINUED) _FOR THE YEAR ENDED 31 MARCH 2025_ ## _**Financial review**_ ## **a. Results for the Year** Following the refurbishment of the 2 upstairs flats in the previous years, flat rentals in 2024/25 were £31,200 (2024: £9,800) representing a full 12 months rent on both flats. Room hire receipts were a healthy £32,813 (2024: £36,712) and the contribution from St John's Ranmoor PCC amounted to £8,000 (2024: £8,375). Investment income totalled £994 this year (2024: 191). As a result of the above total income in 2024/25 was £73,265 (2024: £55,881). Total expenses were £61,724 (2024: £84,152). The main elements of cost were contribution to wages £19,615 (2024: £17,366). Repairs £8,815 (2024: £21,268) and mortgage interest representing a full 12 months £10,419 (2024: £3,924). The previous year had notably high repair expenditure and professional charges due to the exceptional changes to the structure of the charity. As a result the charity made a surplus of £11,541 compared with the deficit of £28,271 in 2023/24. The surplus was in line with the budgeted forecast. ## **b. Going concern** After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## **c. Reserves policy** The charity’s reserves policy is to maintain free reserves at a minimum level which equates to six months normal expenditure. On an ongoing basis six months expenditure would equate to around £30,000 per annum. Free reserves at 31 March 2025 stand at £45,606, which exceeds this figure. ## **d. Plans for the Future** Having taken on the Mortgage Loan of £160k to fund the refurbishment of the 2 upstairs flats in 2023/24 the Trustees plan to achieve surpluses in excess of £10k per annum to replenish the Charity's funds and to start making early repayments of the mortgage loan. Page 4 ## **RANMOOR PARISH CENTRE TRUST** ## TRUSTEES' REPORT (CONTINUED) _FOR THE YEAR ENDED 31 MARCH 2025_ ## **Statement of Trustees' responsibilities** The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 1 October 2025 and signed on their behalf by: ## **Rev Canon Dr Matthew Rhodes (Chairman)** Page 5 ## **RANMOOR PARISH CENTRE TRUST** ## INDEPENDENT EXAMINER'S REPORT _FOR THE YEAR ENDED 31 MARCH 2025_ ## **Independent examiner's report to the Trustees of Ranmoor Parish Centre Trust ('the charity')** I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Dated: Rachel Heath FCCA DChA ## **BHP LLP** Chartered Accountants Albert Works Sidney Street Sheffield S1 4RG Page 6 ## **RANMOOR PARISH CENTRE TRUST** ## STATEMENT OF FINANCIAL ACTIVITIES _FOR THE YEAR ENDED 31 MARCH 2025_ |**Note**
**Income from:**
Charitable activities
3
Investments
4
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net movement in funds before other recognised**
**gains/(losses)**
**Other recognised gains/(losses):**
Gains on revaluation of freehold property
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
**72,163**
**1,102**
**73,265**
**61,724**
**61,724**
**11,541**
**-**
**11,541**
**1,274,744**
**11,541**
**1,286,285**|**Total**
**funds**
**2025**
**£**
**72,163**
**1,102**
**73,265**
**61,724**
**61,724**
**11,541**
**-**
**11,541**
**1,274,744**
**11,541**
**1,286,285**|Total
funds
2024
£
54,887
994
55,881
84,152
84,152
(28,271)
1,066,087
1,037,816
236,928
1,037,816
1,274,744| |---|---|---|---| The Statement of financial activities includes all gains and losses recognised in the year. Page 7 ## **RANMOOR PARISH CENTRE TRUST** ## BALANCE SHEET _AS AT 31 MARCH 2025_ |**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Debtors
9
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one year
10
**Net current assets**
Creditors: amounts falling due after more than
one year
11
**Total net assets**
**Charity funds**
Restricted funds
12
Unrestricted funds
12
**Total funds**|**4,253**
**51,734**
**55,987**
**(12,235)**|**2025**
**£**
**1,400,000**
**1,400,000**
**43,752**
**(157,467)**
**1,286,285**
**-**
**1,286,285**
**1,286,285**|6,757
47,271
54,028
(21,007)|2024
£
1,400,000
1,400,000
33,021
(158,277)
1,274,744
-
1,274,744
1,274,744| |---|---|---|---|---| The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: ## **Rev Canon Dr Matthew Rhodes (Chairman)** Date: 1 October 2025 The notes on pages 9 to 18 form part of these financial statements. Page 8 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **1. Constitution** Ranmoor Parish Centre is Charitable Incorporated Organisation (CIO) registered in England and Wales (registered charity number 1203685). The address of its registered office is given in the charity information on page 1 of these financial statements. The principal accounting policies adopted in the preparation of the accounts are as follows: ## **2. Accounting policies** ## _**2.1 Basis of preparation of financial statements**_ The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued in October 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Ranmoor Parish Centre Trust meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. ## _**2.2 Going concern**_ The financlal statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of Income and expenditure for 12 months from authorising these financial statements. The budgeted Income and expenditure Is sufficient with the level of reserves for the charity to be able to continue as a going concern ## _**2.3 Income**_ All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Page 9 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **2. Accounting policies (continued)** ## _**2.4 Expenditure**_ Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. ## _**2.5 Interest receivable**_ Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## _**2.6 Taxation**_ The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## _**2.7 Tangible fixed assets and depreciation**_ ## **Freehold land and buildings** The policy for freehold land and buildings is: _Freehold land and buildings are held at valuation. Depreciation is not provided on buildings. It is Ranmoor Parish Centre Trust's policy to maintain the property in good repair and, as a consequence the value of the property is not being reduced significantly by the passage of time. The trustees carry out annual impairment reviews to ensure the carrying value of the freehold property remains appropriate._ ## **Fixtures and fittings** For all other classes of tangible fixed assets, the policy remains: _Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost._ Page 10 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **2. Accounting policies (continued)** ## _**2.7 Tangible fixed assets and depreciation (continued)**_ Depreciation is charged to Fixtures and fittings so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following bases: Freehold property - Nil - Fixtures and fittings 25% straight line ## _**2.8 Debtors**_ Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## _**2.9 Cash at bank and in hand**_ Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## _**2.10 Liabilities and provisions**_ Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. ## _**2.11 Financial instruments**_ The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## _**2.12 Fund accounting**_ General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Page 11 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **3. Income from charitable activities** |Room hire
Flat rental
Contribution from St John's Ranmoor P.C.C
Donations
Total 2024|**Unrestricted**
**funds**
**2025**
**£**
32,813
31,200
8,000
150
72,163
54,887|**Total**
**funds**
**2025**
**£**
**32,813**
**31,200**
**8,000**
**150**
**72,163**
54,887|Total
funds
2024
£
36,712
9,800
8,375
-| |---|---|---|---| ||||54,887| ||||| ## **4. Investment income** |Bank and CBF Deposit interest
Total 2024
**Analysis of expenditure by activities**
Charitable activities
Total 2024|**Unrestricted**
**funds**
**2025**
**£**
1,102
994
**Activities**
**undertaken**
**directly**
**2025**
**£**
61,724
84,152|**Total**
**funds**
**2025**
**£**
**1,102**
994
**Total**
**funds**
**2025**
**£**
**61,724**
84,152|Total
funds
2024
£
994| |---|---|---|---| ||||Total
funds
2024
£
84,152| ||||| ## **5. Analysis of expenditure by activities** Page 12 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **5. Analysis of expenditure by activities (continued)** ## **Analysis of direct costs** |Contribution to wages and NIC
Cleaning expenses
Gardening
Insurance
Light, heat and water
Telephone
Computer, postage and stationery
Repairs, maintenance and equipment
Sundry expenses
Professional charges
Flat expenses
Mortgage interest
PCC loan interest
**Independent examiner's remuneration**
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts|**Total**
**funds**
**2025**
**£**
**19,615**
**6,826**
**45**
**3,282**
**5,930**
**3,622**
**737**
**8,815**
**357**
**2,076**
**-**
**10,419**
**-**
**61,724**
**2025**
**£**
**1,986**|Total
funds
2024
£
17,366
8,988
2,343
3,176
5,640
2,239
688
21,268
179
14,789
2,019
3,924
1,533| |---|---|---| |||84,152| |||2024
£
1,800| ## **6. Independent examiner's remuneration** **7. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL). Page 13 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **8. Tangible fixed assets** |**_Cost or valuation_**
At 1 April 2024
At 31 March 2025
**_Depreciation_**
At 1 April 2024
At 31 March 2025
**_Net book value_**
At 31 March 2025
At 31 March 2024|**Freehold**
**property**
**£**
**1,400,000**
**1,400,000**
**-**
**-**
**1,400,000**
1,400,000|**Fixtures and**
**fittings**
**£**
**25,155**
**25,155**
**25,155**
**25,155**
**-**
-|**Total**
**£**
**1,425,155**| |---|---|---|---| ||||**1,425,155**| ||||**25,155**| ||||**25,155**| ||||**1,400,000**| ||||1,400,000| In September 2023 the freehold property was valued by SMC Brownill Vickers, Chartered Surveyors, at £1,400,000. This valuation has been included in the Charity's accounts at 31 March 2025. The charity has adopted a policy of revaluation for the Freehold Property class of tangible fixed assets for the year ending 31 March 2025. The cost of the assets which have been revalued would have been £333,913 (2024 - £333,913 _)_ . ## **9. Debtors** |Trade debtors|**2025**
**£**
**4,253**
**4,253**|2024
£
6,757
6,757| |---|---|---| Page 14 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **10. Creditors: Amounts falling due within one year** |Mortgage loan
Trade creditors
Accruals|**2025**
**£**
**1,854**
**6,895**
**3,486**
**12,235**|2024
£
1,723
17,484
1,800| |---|---|---| |||| |||21,007| ## **11. Creditors: Amounts falling due after more than one year** ||**2025**|2024| |---|---|---| ||**£**|£| |Mortgage loan|**157,467**|158,277| In November 2023, in order to fund the project to refurbish the two upstairs flats, the Trustees entered into a mortgage loan from Kingdom Bank for £160,000 over a term of 30 years. Kingdom Bank have a first legal charge over the charity's freehold property at 5 Ranmoor Park Road. ## **12. Statement of funds** ## **Statement of funds - current year** |**_Unrestricted funds_**
**_Designated funds_**
Building Fund
**_General funds_**
General Funds
**_Total Unrestricted funds_**|**Balance at 1**
**April 2024**
**£**
**1,240,000**
**34,744**
**1,274,744**|**Income**
**£**
**-**
**73,265**
**73,265**|**Expenditure**
**£**
**-**
**(61,724)**
**(61,724)**|**Transfers**
**in/out**
**£**
**679**
**(679)**
**-**|**Balance at 31**
**March 2025**
**£**
**1,240,679**| |---|---|---|---|---|---| ||||||**45,606**| ||||||**1,286,285**| The Building Fund represents the valuation of the freehold property less the mortgage loan at 31 March 2025. All fund balances are regarded as unrestricted. Page 15 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **12. Statement of funds (continued)** ## **Statement of funds - prior year** |**_Unrestricted_**
**_funds_**
**_Designated funds_**
Building Fund
**_General funds_**
General Funds
**_Total Unrestricted_**
**_funds_**|Balance at
1 April 2023
£
147,225
89,703
236,928|Income
£
-
55,881
55,881|Expenditure
£
-
(84,152)
(84,152)|Transfers
in/out
£
1,092,775
(1,092,775)
-|Gains/
(Losses)
£
-
1,066,087
1,066,087|Balance at
31 March
2024
£
1,240,000| |---|---|---|---|---|---|---| |||||||34,744| |||||||1,274,744| ## **13. Summary of funds** ## **Summary of funds - current year** |Designated funds
General funds|**Balance at 1**
**April 2024**
**£**
**1,240,000**
**34,744**
**1,274,744**|**Income**
**£**
**-**
**73,265**
**73,265**|**Expenditure**
**£**
**-**
**(61,724)**
**(61,724)**|**Transfers**
**in/out**
**£**
**679**
**(679)**
**-**|**Balance at 31**
**March 2025**
**£**
**1,240,679**
**45,606**| |---|---|---|---|---|---| ||||||**1,286,285**| Page 16 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **13. Summary of funds (continued)** ## **Summary of funds - prior year** |Designated funds
General funds|Balance at
1 April 2023
£
147,225
89,703
236,928|Income
£
-
55,881
55,881|Expenditure
£
-
(84,152)
(84,152)|Transfers
in/out
£
1,092,775
(1,092,775)
-|Gains/
(Losses)
£
-
1,066,087
1,066,087|Balance at
31 March
2024
£
1,240,000
34,744| |---|---|---|---|---|---|---| |||||||1,274,744| ## **14. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
**_Total_**|**Unrestricted**
**funds**
**2025**
**£**
1,400,000
55,987
(12,235)
(157,467)
1,286,285|**Total**
**funds**
**2025**
**£**
**1,400,000**
**55,987**
**(12,235)**
**(157,467)**
**1,286,285**| |---|---|---| ## **Analysis of net assets between funds - prior year** |Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
**_Total_**|Unrestricted
funds
2024
£
1,400,000
54,028
(21,007)
(158,277)
1,274,744|Total
funds
2024
£
1,400,000
54,028
(21,007)
(158,277)
1,274,744| |---|---|---| Page 17 ## **RANMOOR PARISH CENTRE TRUST** ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE YEAR ENDED 31 MARCH 2025_ ## **15. Related party transactions** As stated in the policies and objectives section of the Trustees' Report the Charity provides the administration and social facilities for the Ecclesiastical Parish of St John the Evangelist, Ranmoor, Sheffield (charity number 1135432), some of the trustees are also members of the PCC. The charity received contributions totalling £8,000 (2024: £8,375) from the PCC during the year and made contributions to them for wages and NIC of £19,615 (2024: £17,366). As at March 2025 there was an amount owed to St John's within creditors of £3,060 (2024: £2,778). Page 18